Banning Ranch Set for Crucial Coastal Commission Hearing
The Banning Ranch project, on 401-acres in Newport Beach, will go before the California Coastal Commission on Wednesday, October 7. Already approved by the City of Newport Beach, the fate of Banning Ranch, which is proposed to be comprised of 1,375 residential units, a hotel and a retail component, will rest with the Coastal Commission. Although the property currently is an aging oil field, operational since 1943, environmental groups are opposed to the development plan put forth by Newport Banning Ranch LLC (a joint venture between Aera Energy, Cherokee Investment Partners and Brooks Street).
About author
You might also like
TRI Pointe CEO on Infill Development
Doug Bauer, CEO of TRI Pointe Group, discusses some of the challenges and opportunities of infill development as well as his firm’s infill projects nationwide. In what is a growing
MBK Set to Open in Gardena
MBK’s 1500 Artesia Square project in Gardena is scheduled to open for sale this month. Located in the City of Gardena’s Artesia Corridor Specific Plan, where MBK successfully closed out
Burbank Denies MLC Holdings’s Preapplication to Submit its Housing Project
Burbank council members voted 3-2 to deny MLC Holdings, Inc. its preapplication request to submit a proposal to build 34 single-family homes on a 4.7-acre plot at 814 S. Mariposa St.
